XML 79 R40.htm IDEA: XBRL DOCUMENT
v2.4.0.8

Asset-Backed Securities Issued (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2014
Carrying Value of ABS Issued by Consolidated Securitization Entities Sponsored, along with Other Selected Information | The carrying values of ABS issued by consolidated securitization entities we sponsored at June 30, 2014 and December 31, 2013, along with other selected information, are summarized in the following table. Asset-Backed Securities Issued
|  | June 30, 2014 |
(Dollars in Thousands) |  | Sequoia |  |  | Residential Resecuritization |  |  | Commercial Securitization |  |  | Total |
Certificates with principal balance |  | $ | 1,565,943 |  |  | $ | 69,709 |  |  | $ | 144,700 |  |  | $ | 1,780,352 |
Interest-only certificates |  |  | 2,605 |  |  |  | - |  |  |  | - |  |  |  | 2,605 |
Unamortized discount |  |  | (14,879) |  |  |  | - |  |  |  | - |  |  |  | (14,879) |
Total ABS Issued |  | $ | 1,553,669 |  |  | $ | 69,709 |  |  | $ | 144,700 |  |  | $ | 1,768,078 |
Range of weighted average interest rates, by series |  |  | 0.11% to 4.25% |  |  |  | 2.21% |  |  |  | 5.62% |  |  |  |  |
Stated maturities |  |  | 2014 - 2047 |  |  |  | 2046 |  |  |  | 2018 |  |  |  |  |
Number of series |  |  | 24 |  |  |  | 1 |  |  |  | 1 |  |  |  |  |
|  | December 31, 2013 |
(Dollars in Thousands) |  | Sequoia |  |  | Residential Resecuritization |  |  | Commercial Securitization |  |  | Total |
Certificates with principal balance |  | $ | 1,708,324 |  |  | $ | 94,934 |  |  | $ | 153,693 |  |  | $ | 1,956,951 |
Interest-only certificates |  |  | 3,400 |  |  |  | - |  |  |  | - |  |  |  | 3,400 |
Unamortized discount |  |  | (17,389) |  |  |  | - |  |  |  | - |  |  |  | (17,389) |
Total ABS Issued |  | $ | 1,694,335 |  |  | $ | 94,934 |  |  | $ | 153,693 |  |  | $ | 1,942,962 |
Range of weighted average interest rates, by series |  |  | 0.24% to 4.23% |  |  |  | 2.21% |  |  |  | 5.62% |  |  |  |  |
Stated maturities |  |  | 2014 - 2047 |  |  |  | 2046 |  |  |  | 2018 |  |  |  |  |
Number of series |  |  | 24 |  |  |  | 1 |  |  |  | 1 |  |  |  |  |
Summary of Accrued Interest Payable on ABS Issued | The following table summarizes the accrued interest payable on ABS issued at June 30, 2014 and December 31, 2013. Interest due on consolidated ABS issued is payable monthly. Accrued Interest Payable on Asset-Backed Securities Issued
(In Thousands) |  | June 30, 2014 |  |  | December 31, 2013 |
Sequoia |  | $ | 1,078 |  |  | $ | 1,218 |
Residential Resecuritization |  |  | 17 |  |  |  | 11 |
Commercial Securitization |  |  | 678 |  |  |  | 720 |
Total Accrued Interest Payable on ABS Issued |  | $ | 1,773 |  |  | $ | 1,949 |
Summary of Carrying Value Components of Collateral for ABS Issued and Outstanding | The following table summarizes the carrying value components of the collateral for ABS issued and outstanding at June 30, 2014 and December 31, 2013. Collateral for Asset-Backed Securities Issued
|  | June 30, 2014 |
(In Thousands) |  | Sequoia |  |  | Residential Resecuritization |  |  | Commercial Securitization |  |  | Total |
Residential loans |  | $ | 1,616,504 |  |  | $ | - |  |  | $ | - |  |  | $ | 1,616,504 |
Commercial loans |  |  | - |  |  |  | - |  |  |  | 254,615 |  |  |  | 254,615 |
Real estate securities |  |  | - |  |  |  | 245,853 |  |  |  | - |  |  |  | 245,853 |
Restricted cash |  |  | 145 |  |  |  | - |  |  |  | 138 |  |  |  | 283 |
Accrued interest receivable |  |  | 2,391 |  |  |  | 549 |  |  |  | 1,826 |  |  |  | 4,766 |
REO |  |  | 3,323 |  |  |  | - |  |  |  | - |  |  |  | 3,323 |
Total Collateral for ABS Issued |  | $ | 1,622,363 |  |  | $ | 246,402 |  |  | $ | 256,579 |  |  | $ | 2,125,344 |
|  | December 31, 2013 |
(In Thousands) |  | Sequoia |  |  | Residential Resecuritization |  |  | Commercial Securitization |  |  | Total |
Residential loans |  | $ | 1,762,167 |  |  | $ | - |  |  | $ | - |  |  | $ | 1,762,167 |
Commercial loans |  |  | - |  |  |  | - |  |  |  | 257,741 |  |  |  | 257,741 |
Real estate securities |  |  | - |  |  |  | 263,204 |  |  |  | - |  |  |  | 263,204 |
Restricted cash |  |  | 152 |  |  |  | - |  |  |  | 137 |  |  |  | 289 |
Accrued interest receivable |  |  | 2,714 |  |  |  | 627 |  |  |  | 1,975 |  |  |  | 5,316 |
REO |  |  | 3,661 |  |  |  | - |  |  |  | - |  |  |  | 3,661 |
Total Collateral for ABS Issued |  | $ | 1,768,694 |  |  | $ | 263,831 |  |  | $ | 259,853 |  |  | $ | 2,292,378 |

X
- Definition Tabular disclosure of information pertaining to asset backed securities, including but not limited to identification of components, terms, features, and other information necessary to a fair presentation. + References No definition available. + Details
Name: | rwt_ScheduleOfAssetBackedSecuritiesTableTextBlock
Namespace Prefix: | rwt_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the collateral for asset backed securities. + References No definition available. + Details
Name: | rwt_ScheduleOfCollateralForAssetBackedSecuritiesTableTextBlock
Namespace Prefix: | rwt_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the components of accrued interest payable on asset backed securities issued. + References No definition available. + Details
Name: | rwt_ScheduleOfInterestPayableTableTextBlock
Namespace Prefix: | rwt_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration